Ningbo Yong Xin Optics Hits Day High with Strong 3.29% Surge

Ningbo Yong Xin Optics Co., Ltd. has experienced a notable increase of 3.29% on February 26, 2026, reaching an intraday high of CNY 126.66. This performance stands in contrast to the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, the stock has risen by 1.29%, while its one-month performance shows a significant gain of 18.95%. In terms of annual performance, Ningbo Yong Xin Optics has achieved a return of 20.18%, although this is slightly below the China Shanghai Composite's 22.49%. Year-to-date, the stock has increased by 19.75%, outperforming the composite index, which has only risen by 2.85%. Despite these positive short-term trends, the company has faced challenges in long-term growth, with net sales and operating profit growing at annual rates of 10.08% and 7.94%, respectively, over the last five years. The stock's current price reflects a high valuation, with a price-to-book ratio of 6.85 and a return on equity of 11.58%.